34 Grant DriveEphrataWA98823
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Ephrata at 34 Grant Drive, Ephrata, WA, 98823 with 5% annual appreciation on a $399,000 basis while $2,612/mo rent supports operations. Total monthly income totals $2,612/mo and a $1,953/mo payment preserves $213/mo for cash returns. Annual cash flow comes to $2,561/yr on $132,269 deployed, and return on cash invested reaches 21.85% in year one. Equity gained on principal adds $2,575/yr, and five-year appreciation sums $110,236 alongside rental yield of 7.86%. Five-year ROI measures 113% and total cumulative return in cash totals $149,462.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,612/mo property income versus a $1,953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
6,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98823, Ephrata, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,857 (100%) |
| Owner Occupied HU | 3,298 (67.9%) |
| Renter Occupied HU | 1,298 (26.7%) |
| Vacant Housing Units | 261 ( 5.4%) |
| Median Home Value | $350,062 |
| Average Home Value | $374,187 |
Housing Distribution
Address Breakdown
Residential
4,724
Single Family
4,603
Multi-Family
121
Businesses
453
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Listed by: Alison May • BHGRE Gary Mann Realty
Mls Name: NWMLS
Mls ID: #2422898